Coinbase announced today it’s intention to add ERC20 support to several of its suite of products. Historically, Coinbase announcements have caused huge retail influxes of retail investors, erratic price swings, and even allegations of market manipulation. That’s why it was a surprise today when Coinbase‘s latest announcement came not with a bang but a bearish whimper. Prices are down across the board today and there has been very little reaction to Coinbases momentous announcement. Whether or not the market chooses to react in the next 24 hours, one thing is for sure. Coinbase’s addition of ERC20 support will have wide-reaching effects around the cryptocurrency markets for years to come and cannot be overlooked. Continue reading Coinbase Announces Support for Ethereum ERC20 Tokens
A leading Wall Street research firm has slashed price targets for leading chipmakers Nvidia and AMD, claiming that it has received confirmation that cryptocurrency mining hardware manufacturer Bitmain has begun producing Ethereum ASIC miners. Continue reading Bitmain Has Developed an Ethereum ASIC Miner?
Popular chat app Kik has unveiled plans to deploy its Kin tokens on both the Ethereum and Stellar blockchains, making it one of the first cryptocurrencies to feature bidirectional network support. Continue reading Kik Messenger to Launch Kin Token
The governor of Tennessee signed a bill recognizing the legal authority to use Blockchain technology and smart contracts for electronic transactions on March 22, according to legislative tracking site Legiscan. A summary of the bill reads that it “recognizes the legal authority of blockchain technology and smart contracts in conducting electronic transactions.” The bill also makes a provision that, “protects ownership rights of certain information secured by blockchain technology.” Continue reading Tennessee Passes Bill Recognizing Blockchain, Smart Contracts
The blockchain has just disrupted another niche. UK-based Nivaura in partnership with Microsoft’s Azure cloud has proved in a test case that the public ledger can be used to support regulated assets. The blockchain is an increasingly attractive option as the payments industry continues to embrace cryptocurrencies and even digital fiat money. Continue reading UK Fintech Settles Security on Ethereum Blockchain in a World-First with Microsoft